3 Reasons Why Are Graphics Cards So Important in Bitcoin Mining

Today, cryptocurrencies are everywhere. Not so long ago, no one even knew what they were. If we rewind back to 2009, when it all started, very few people knew and dealt with digital currencies. But as time passed, more and more people got involved, and cryptocurrency mining first became a thing, later a trend, and today it’s an occupation for many people globally. The best part is that it is possible to do it from your home on your computer, and many of us are doing it this way.

But, we must agree that this way of mining is close to becoming extinct as there are individuals who are piling up powerful hardware to deal with mining. As technology advanced, mining became easier with little to no equipment. But, it became expensive, as new and advanced graphic cards are expensive, but they can get the job done with ease. Graphical Processing Units or commonly known as GPUs, are what is used in the process of mining. People at first used CPU bit its time is long over as CPU is taking over the world rapidly.

Source: Wccftech

The reason why they’re what every crypto-miner wants is that they’re what makes the computer render the digital images in the first place. They’re fast and efficient, and because of this, they divulge the blockchain faster, which results in more earnings through coins. If you are looking for a high-end mining CPU is what you need at the moment. But, considering how fast the technology advances, we’re not sure they’ll be at the top of the mountain for too long. It’s just how things are in the tech world. Anyway, you need to be on the lookout if a new something in this department arises. The chances are it will.

How Do GPUs Help in Cryptocurrency Mining?

As we already said, back in the day, things were different. The first miners worked on Central Processing Units. But, CPUs weren’t able to keep up with what crypto-miners wanted to do. These parts have a limited ability in the department of the speed of the processes and power consumption. The output they could have produced was limited and not precisely what miners wanted and needed. Once the entire process of mining became inefficient, the time was right to move on from CPUs. As most miners did this, a new field for the play was opened, and GPUs entered in their place.

Source: David McNeal – Medium

GPU cam and quickly conquered the entire mining process. The benefits over the CPUs were evident from the start. The first thing that it brought to the table and one of the main reasons why GPUs are essential for mining is speed. Radeon HD 5970, which is considered a common GPU, has incredible processing speed, which stands at 3,200 32-bit instructions per clock. This is amazing on its own, but when compared to a regular CPU, it really makes you wonder. It is eight hundred times faster than a standard CPU. This is the speed that the miners wanted and eventually got for their business.

Now you can understand what it is that the CPU brings to the table. The ability to conduct the process with astonishing speed is what makes them an ideal choice for cryptocurrency mining. Furthermore, we have efficiency. Speed without efficiency is nothing, but CPUs are delivered even in this department. In addition to speed, the miners needed a machine capable of repeating computations at a level that is to be considered adequate. This is what this article is all about. You can see that the two primary reasons why graphics cards are so important in Bitcoin mining are speed and efficiency. But, it is not all there is to BTC mining and graphic cards. The device you use for mining also has other purposes, and one of the primary ones is to decode the different hashes. This is a repetitive process, which has a digit changed with every attempt you make.

Source: Value 4 Coins

As you can see, your GPU also needs to be smart, so to say. It needs to be able to perform various mathematical computations. This is an easy task for a GPU that has a considerable number of Arithmetic Logic Units (ALU). If this is the case, your GPU is going to be able to do mathematical calculations on the level of Nikola Tesla. Because of this ability, it is going to be able to make the mining process faster and efficient, which is the key. The crypto-mining process is a complicated one, and you now understand why a strong GPU unit is needed to do it the right way.

The Bottom Line

GPUs were what miners needed back in the day, and they duly delivered. But today, they’re considered as a piece of standard equipment. Considering how the technology is advancing each day, they need to be careful that they are not replaced as once the CPUs were. Even as we write this article, there are other devices that can do similar or even better work. One of those that are already making strides in this department is Field Programmable Gate Arrays (FPGAs). Even they are facing competition in the form of Application-Specific Integrated Circuits (ASICs). The latter ones are quite ahead of both CPUs and GPUs in the terms of performing hash calculations. To handle down the blockchain, this is one of the essential functions there is.

Source: Bitcoin News

So, to conclude this article, we’re going to single out the primary reasons why graphic cards are essential for the Bitcoin mining process. These reasons are the speed of the mining process, which needs to be on a high level; the efficiency in which is the blockchain being handled in search of a BTC; and the strength of the GPU, which needs to perform high-end calculus, which is the key in breaking the blockchain. Now that you have read this, you can start your mining adventure knowing why you need a GPU. If you’re still not sure where to start, try spyrestudios.com for help.